B. Riley Securities Downgrades Hudson Technologies to Neutral, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has downgraded Hudson Technologies from Buy to Neutral and lowered its price target from $10 to $8.5.
October 30, 2024 | 4:51 pm
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NEGATIVE IMPACT
B. Riley Securities has downgraded Hudson Technologies from Buy to Neutral and reduced the price target from $10 to $8.5, indicating a less optimistic outlook.
The downgrade from Buy to Neutral by B. Riley Securities suggests a less favorable view on Hudson Technologies' stock performance. The reduction in the price target from $10 to $8.5 indicates a potential decrease in expected future value, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100